Fastest Growing Consumer Economies Top Twenty Largest Economies Top Fifteen Ranked by Consumer...
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Transcript of Fastest Growing Consumer Economies Top Twenty Largest Economies Top Fifteen Ranked by Consumer...
Top 15 Largest Economies Ranked by Consumer Expenditures and Top 20 Fastest Growing Economies | 2009 to 2013 | LEARN MORE BELOW
January 2009
How well do you know your consumer? Mark Research | www.zpryme.com |1.888.ZPRYME.1 SNAPSHOT
In this analysis Zpryme ranks the top 15 economies based on the Total Consumer Expenditures for 2009 and 2013. Consumer expenditures are defined using the World Bank’s definition of the individual consumption expenditure of households, non-profit institutions serving households and the general government providing services that pertain to the individual consumption of households. The analysis provides insight into the largest consumer markets among the top 15 Global Economies – a daunting task due to the varying split of government spending (of total Gross Domestic Product) among these nations. The top five economies based on Total Consumer Expenditures for 2009 and 2013 are: United States, Japan, Germany, United Kingdom, and China. In 2013 these markets will reach $11,108 billion, $3,055 billion, $2,227 billion, $2,000 billion, and $1,978 billion, respectively. In reference to Consumer Expenditures, BRIC countries (Brazil, Russia, India, and China) rank 5th, 9th, 11th, and 14th, respectively. As expected, BRIC countries have the highest GDP growth rates among the top 15 economies.
Source: World Bank World Development Indicators, International Financial Statistics of the IMF, the Economic Research Service of the U.S. Department of Agriculture and Zpryme forecast.
$513
$565
$579
$628
$649
$844
$773
$846
$1,272
$1,635
$1,437
$1,831
$2,082
$2,951
$9,957
$582
$671
$685
$707
$865
$894
$906
$944
$1,319
$1,762
$1,978
$2,000
$2,227
$3,055
$11,108
$0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000
Australia (2.7%)
Russia (4.2%)
South Korea (3.8%)
Mexico (2.2%)
India (7.0%)
Spain (1.1%)
Brazil (3.6%)
Canada (2.0%)
Italy (0.6%)
France (1.4%)
China (8.0%)
United Kingdom (1.5%)
Germany (1.2%)
Japan (0.3%)
United States (1.8%)
Top 15 Economies Ranked by Total Consumer Expenditures, 2009 and 2013 | in U.S. Billions (Average Annual GDP Growth Rate from 2009 to 2013 in Parentheses) | Expenditures are in Real 2005 U.S. dollars
2013
2009
Top 15 Largest Economies Ranked by Consumer Expenditures and Top 20 Fastest Growing Economies | 2009 to 2013 | LEARN MORE BELOW
January 2009
How well do you know your consumer? Mark Research | www.zpryme.com |1.888.ZPRYME.1 SNAPSHOT
1.8%
6.9%
6.9%
7.0%
7.3%
7.3%
7.4%
7.4%
7.5%
7.5%
7.7%
7.8%
7.9%
7.9%
7.9%
8.0%
8.3%
8.7%
8.9%
9.7%
10.1%
0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0%
United States
Djibouti
Sao Tome and Principe
India
Tanzania
Panama
Cape Verde Islands
Vietnam
Ghana
Nigeria
Iraq
Macau
Afghanistan
Laos
Mongolia
China
Azerbaijan
Zaire
Cambodia
Angola
Liberia
Average Annual GDP Growth Rate from 2009 to 2013Fastest Growing Economies (Top 20) | U.S. Listed for Comparative Purposes
In this analysis Zpryme ranked the top 20 fastest growing economies based on their Average Annual Gross Domestic Product (GDP) growth rate from 2009 to 2013. These estimates were released in December 2008 by the Economic Research Service of the U.S. Department of Agriculture and do take into account the current global financial crisis. Liberia, Angola, Cambodia, and Zaier’s GDP will grow the fastest from 2009 to 2013. These countries will grow at an average of 10.1%, 9.7%, 8.9%, and 8.7%, respectively. From 2009 to 2013 China (ranked 6th) and India’s (ranked 18th) GDP will grow at an annual average of 8.0% and 7.0%, respectively. Fascinatingly, both Afghanistan (ranked 9th) and Iraq (ranked 11th) are expected to grow at 7.9% and 7.7% during this time period. The only Latin American country to make the list was Panama (ranked 16th), which will grow at an annual rate of 7.3%.
Source: World Bank World Development Indicators, International Financial Statistics of the IMF, and the Economic Research Service of the U.S. Department of Agriculture.
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